16. Sources and Uses of Cash For each account on this company's balance sheet, show the change in the account during 2002 and note whether this change was a source or use of cash. Do your numbers add up and make sense? Explain your answer for total assets as compared to your answer for total liabilities and owners' equity.

17. Calculating Financial Ratios Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year:

18. Using the Du Pont Identity Y3K, Inc., has sales of $2,300, total assets of $1,020, and a debt-equity ratio of 1.00. If its return on equity is 18 percent, what is its net income?

19. Sources and Uses of Cash If accounts payable on the balance sheet decreases by $10,000 from the beginning of the year to the end of the year, is this a source or a use of cash? Explain your answer.

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